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Lets review the basics.
The USPS will lose money for the third year in a row forcing Congress to bail them out. The old Congressional dog barks and growls but it is toothless. The $5-8 billion range bail out is a pittance compared to the AIG and General Motors debacles. Plus the 44¢ stamp required to reach each household and business in our 50 states is perceived to be a world-class bargain by many. Warnings and reprisals will be issued, as in the past, but the relief motion will pass.
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